Altitude Capital Partners Acquires Multifamily Property In Streeterville, Chicago For $10.5M

Altitude Capital Partners has acquired a multifamily property located at 227 East Walton Place in the Streeterville neighborhood of Chicago. The property comprises 25 units, with each unit being valued at $420,000, resulting in a total sale price of $10,500,000. The transaction was facilitated by brokers Kyle Stengle, Sean Sharko, and Austin Weisenbeck from Marcus & Millichap.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $10,500,000
• Address: 227 East Walton Place
• Market: Streeterville, Chicago
• Buyer: Altitude Capital Partners
• Seller: Brad Management
• Brokers: Kyle Stengle, Sean Sharko, and Austin Weisenbeck - Marcus & Millichap
• Units: 25
• Price Per Unit: $420,000

Kyle Stengle, Sean Sharko, and Austin Weisenbeck from Marcus & Millichap played a pivotal role in facilitating the transaction. Altitude Capital Partners successfully secured the property from Brad Management in this multifamily deal.